Klarna CEO Sebastian Siemiatkowski's investment company Flat Capital is selling the American AI lawyer Harvey.
Flat Capital, which is listed, is making more sales of foreign AI holdings. Harvey is the largest competitor to Swedish Legora.
The deal is part of the company's ongoing activities in the technology sector.
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Kalshi has secured $1 billion in fresh funding, doubling its valuation to $22 billion in a round led by Coatue. The U.S.-based prediction market platform reported strong growth in institutional trading amid broader interest in event contracts.
Patent AI company Lightbringer has raised over 90 million kronor in a Series A round led by 6 Degrees Capital and Newion.
Reported by AI
Paradigm has raised a $1.2 billion venture fund focused on artificial intelligence and robotics while maintaining its crypto investments.
SoftBank reported a net income of 1.83 trillion yen for its fiscal fourth quarter, far exceeding the average analyst estimate of 295.2 billion yen.
Reported by AI
Kuaishou-backed Kling AI is close to completing a US$3 billion fundraising round at a US$18 billion valuation. The company aims to start its Hong Kong listing process within a year.
OpenAI chief executive Sam Altman is in early discussions with the Trump administration about giving the US government a 5 percent equity stake in the company. The proposal would extend to other leading AI firms including Google, Meta, Anthropic and xAI. Any agreement would require congressional approval and remains far from certain.
Reported by AI
Anthropic raised $65 billion in a new funding round and reached a $900 billion valuation, surpassing OpenAI.